A recent report by CompTIA has provided crucial insights into the impact of technology on Canada’s job market and economy. According to the report, the technology sector has seen significant growth in employment, with nearly 300,000 new jobs created over the past six years. Additionally, the report projects further job gains in 2023, with all provinces expected to experience an increase in tech employment.
The report, entitled “State of the Tech Workforce Canada,” highlights that net tech employment in Canada reached an estimated 1,352,210 workers in 2022. It is further projected to grow by 1.3% in 2023, nearing 1.4 million workers. The Toronto, Montreal, and Vancouver metro areas are expected to contribute to nearly 60% of this growth. This indicates a robust expansion of the technology workforce across the country.
Gordon Pelosse, Senior Vice President of Employer Engagement at CompTIA, emphasized that employers are focusing on immediate staffing needs in areas such as cybersecurity, cloud computing, and tech support. Additionally, long-term plans are being made to address the demand for advanced data analytics and artificial intelligence skills in the industry.
The occupations in highest demand, as identified by CompTIA’s examination of employer job postings, include software engineers and designers, IT support and network technicians, database analysts and administrators, and computer and information system managers. Furthermore, the report highlights that nearly one-fourth of job postings were for positions in emerging technologies.
One notable trend highlighted in the report is that employers are increasingly seeking talent from alternative pathways, such as individuals with industry-recognized certifications, rather than traditional university degrees. This indicates a shift in the hiring strategies of tech companies across Canada.
The report also sheds light on the economic impact of the tech industry in Canada. With nearly 55,000 business establishments, the industry contributes an estimated $113.4 billion CAD to the Canadian economy, representing approximately 5.5% of the overall economy. Moreover, the median annual wage for a technology worker in Canada is reported to be $88,233 (CAD), which is 48% higher than the median national wage for all occupations.
It is important to note that the findings presented in the report are based on a comprehensive analysis of data from various sources, including Lightcast, Canadian government statistics (StatsCan), and CompTIA’s own research.
The “State of the Tech Workforce Canada” report provides a valuable overview of employment, economic impact, technology trends, salaries, and hiring activity across the provinces and metropolitan areas of Canada. The detailed report is available for reference on CompTIA’s website.
CompTIA is a leading association in the information technology (IT) industry, dedicated to unlocking the potential of individuals seeking to begin or advance their careers in technology. The organization provides certification and training programs, serving as a vital resource for millions of technology professionals worldwide.
In conclusion, the report by CompTIA offers a comprehensive analysis of the evolving landscape of the technology workforce in Canada. It underscores the growing impact of technology on the country’s economy and highlights the increasing demand for tech talent across various sectors. The insights from the report are instrumental for both employers and individuals seeking to navigate the dynamic field of technology in Canada.
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